Company Valuation: Bolsa Mexicana de Valores, S.A.B. de C.V.

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026 2027
Capitalization 1 27,965 22,897 21,769 20,030 18,686 20,302 20,302 -
Change - -18.12% -4.93% -7.99% -6.71% 8.65% 0% -
Enterprise Value (EV) 1 24,524 19,452 21,769 16,689 15,314 16,656 16,266 15,830
Change - -20.68% 11.91% -23.33% -8.24% 8.77% -2.34% -2.68%
P/E ratio 18.7x 13.4x 13.1x 13.3x 11.4x 12.5x 11.7x 10.8x
PBR 3.85x 2.96x - 2.74x 2.53x 2.61x 2.48x 2.37x
PEG - 0.9x -12.66x -1.74x 1.1x 28.58x 1.73x 1.33x
Capitalization / Revenue 7.14x 5.83x 5.31x 5.09x 4.49x 4.53x 4.29x 4.05x
EV / Revenue 6.27x 4.96x 5.31x 4.25x 3.68x 3.72x 3.44x 3.16x
EV / EBITDA 10.3x 8.07x 8.7x 7.63x 6.41x 6.56x 6.1x 5.58x
EV / EBIT 11.3x 8.91x 9.53x 8.2x 7.09x 7.29x 6.81x 6.21x
EV / FCF 13.2x 11.3x - 9.58x 8.24x 18.4x 14.5x 12.3x
FCF Yield 7.56% 8.83% - 10.4% 12.1% 5.43% 6.91% 8.14%
Dividend per Share 2 2.02 2.16 - 2.32 - 2.228 2.366 2.572
Rate of return 4.28% 5.55% - 6.6% - 6.1% 6.48% 7.04%
EPS 2 2.52 2.9 2.87 2.65 2.92 2.933 3.131 3.385
Distribution rate 80.2% 74.5% - 87.5% - 76% 75.6% 76%
Net sales 1 3,914 3,924 4,100 3,931 4,165 4,477 4,732 5,014
EBITDA 1 2,376 2,409 2,503 2,188 2,388 2,538 2,669 2,837
EBIT 1 2,168 2,184 2,283 2,035 2,159 2,285 2,387 2,547
Net income 1 1,493 1,597 1,662 1,508 1,637 1,647 1,739 1,866
Net Debt 1 -3,441 -3,444 - -3,340 -3,372 -3,646 -4,036 -4,473
Reference price 2 47.16 38.92 37.62 35.14 33.36 36.53 36.53 36.53
Nbr of stocks (in thousands) 5,92,989 5,88,303 5,78,656 5,69,994 5,60,121 5,55,766 5,55,766 -
Announcement Date 16/02/21 15/02/22 15/02/23 13/02/24 11/02/25 - - -
1MXN in Million2MXN
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
12.46x3.72x6.56x6.1% 114.79Cr
25.69x15.61x22.07x3.45% 10TCr
37.6x10.13x18.87x0.45% 2.27TCr
51.46x24.32x37.79x0.54% 1.28TCr
26.26x9.38x14.44x2.99% 1.16TCr
58.95x32.55x47.68x0.8% 687.41Cr
20.93x7.77x13.01x3.71% 681.33Cr
42.93x15.1x42.34x1.56% 459.51Cr
-47.13x-999.83x-2308.62x - 371.78Cr
15.67x17.65x24.81x5.09% 365.73Cr
Average 24.48x -86.36x -208.11x 2.74% 1.75TCr
Weighted average by Cap. 28.89x -6.19x -26.19x 2.71%
See all sector valuations

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

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  4. Valuation Bolsa Mexicana de Valores, S.A.B. de C.V.